Framework for Microfinance Sector in the Arab Countries
Ahmad Mashal
Abstract
In the last two decades, the market for microfinance in the Arab countries has grown strongly, although it still
suffers from limitations due to the inadequate regulations and undeveloped structures. This study provides a plan
for increasing the efficiency and effectiveness of the region’s governments financial sector, non-governmental
organizations, and donors’ efforts to advance the evolution of microfinance in the intended Arab countries. The
suggested plan aims to increase the depth and breadth of outreach, as well as the diversity of microfinance
products offered. It proposes the implementation of the suggested plan over a time span of 6 years. The proposed
plan identifies the areas of involvement required in the short, medium and long terms. Recommendations are
made on how to introduce the issues and challenges on these three levels, indentifying the measures to be enacted
in the short term (1 -2 years), medium term (2 – 4 years) and long term (4 – 6 years).
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